Overview
What is Solid Rock Housing Support?
Solid Rock Housing Support is a nonprofit organization situated in Muskegon, Michigan. With a staff of nine dedicated individuals, their primary mission is to provide essential home repairs to low-income qualified homeowners residing in Muskegon County. By offering these repairs, they contribute to enhancing the living conditions of those in need, ultimately promoting a stable and safe environment for the community. The organization's activities and mission revolve around using second-hand housing components and carrying out repairs, thereby addressing the housing needs of the less fortunate in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Solid Rock Housing Support has earned a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The overall score of 79% indicates that the organization has demonstrated good practices in various governance aspects, particularly in having a fully independent board and maintaining no material diversion of assets.
The charity excels in several areas such as documenting board meeting minutes and having a whistleblower policy in place, both of which are crucial for transparency and ethical governance. Additionally, the organization maintains a healthy liabilities-to-assets ratio, suggesting it is managing its financial obligations effectively. However, the program expense ratio of 63.55% indicates that there is room for improvement in directing a higher percentage of expenses toward its programs.
While Solid Rock Housing Support shows strong governance and accountability practices, potential donors may want to consider its program efficiency in their decision-making process. Overall, the organization appears to be on a stable path, but enhancing its program expenditure could further strengthen its impact on the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Solid Rock Housing Support legitimate?
Solid Rock Housing Support is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solid Rock Housing Support submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,486
For more financial information, click here
What is the mission statement of Solid Rock Housing Support?
Solid Rock Housing Support's mission is centered around providing home repairs to qualified low-income homeowners residing in Muskegon County. Their primary objective is to ensure that these homeowners benefit from necessary home repairs, thereby enhancing their living conditions. Although the information provided mentions that they also sell used housing components to low-income individuals, the main focus of Solid Rock Housing Support appears to be their repair services.
Who is the CEO of Solid Rock Housing Support?
Nathan Lapham is the President of Solid Rock Housing Support.
What is the revenue of Solid Rock Housing Support?
Solid Rock Housing Support's revenue in 2023 was $479,587.
Who are the executives of Solid Rock Housing Support and what are their salaries?
The average compensation at Solid Rock Housing Support during 2023 was $31,387. There are 9 employees and 100 volunteers at Solid Rock Housing Support.
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Where can I find the form 990 for Solid Rock Housing Support?
Solid Rock Housing Support's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Solid Rock Housing Support
Solid Rock Housing Support, a nonprofit organization, is dedicated to providing essential home repairs for low-income qualified homeowners in Muskegon County. Their mission is centered around enhancing the living conditions of these homeowners, ensuring that they have safe and well-maintained homes. In addition to home repairs, Solid Rock Housing Support also offers the sale of used housing components to individuals who fall under the same income category, further aiding in their housing needs. By taking on these projects, the organization plays a crucial role in improving the overall living standards within the community, one home at a time.
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Impact
July, 2024
Solid Rock Housing Support has made a significant impact by providing crucial home repairs to low-income qualified homeowners in Muskegon County. Through their services, they have improved living conditions, ensured the safety and security of families, and helped to maintain the integrity of homes in the community. Additionally, the organization's sale of used housing components to low-income individuals has made home repairs more affordable and accessible. Overall, Solid Rock Housing Support's efforts have been instrumental in supporting the housing needs of vulnerable populations in Muskegon, Michigan.
This information is meant to be a general summary of Solid Rock Housing Support. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6
- Program Service Revenue: $79,783
- Gross Receipts: $803,973
Assets and Liabilities:
- Total Assets: $577,879
- Total Liabilities: $179,839
- Net Assets: $398,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOMEOWNER PROGRAMS
Revenue
$79,783
Organization Details
Founding Year
1996
Phone
(231) 727-6020Principal Officer
Nathan Lapham
Main Address
280 OTTAWA ST, MUSKEGON, MI, 49442
NTEE Category
Code: L81 - Housing
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